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China urges big picture view in North Korea talks

China said on Thursday the possibility of North Korea conducting a second nuclear test was hypothetical, so it could not say how it would affect relations.

TSMC posts weak Q1 net, but recovery underway

TSMC , the world's biggest contract chip maker, reported its weakest quarterly earnings in nearly eight years on Thursday as a slowing global economy hit demand for technology products.

Obama’s first 100 days show strong push for clean energy

President Barack Obama's energy plans and actions during the first 100 days of his administration reveal a strong emphasis on spending to promote renewable energy technologies that will generate jobs and an effort to shift the nation to a low-carbon economy.

Taiwan's UMC to buy China's Hejian, sees Q2 profit

UMC, the world's No.2 contract chip maker, said on Wednesday it would spend $285 million buying China-based chipmaker Hejian to tap robust demand on the mainland, which it expects to help return it to profit after three quarters in the red.

More news

For airlines; flu, recession may be more toxic mix than SARS

Global airlines could face an even bumpier landing than during the 2003 SARS crisis if a new swine flu outbreak becomes a pandemic, hitting an industry that is already reeling from the global economic downturn.

New swine flu infections intensify travel fears

New swine flu infections were found around the world on Tuesday and the specter of a pandemic began to hit the travel industry as governments warned people to stay away from Mexico where 149 people have died.

Renewable energy markets sentiment picking up in U.S., China: Vestas CEO

Vestas Wind Systems' Chief Executive Officer, Ditley Engel, the largest maker of wind turbines in the world, said today that sentiment in the market is picking up amid reports that the company's first quarter net profit jumped 70 percent.

Swine flu spreads to Israel, New Zealand

New Zealand and Israel confirmed cases of swine flu on Tuesday, the latest countries hit by a new strain that has killed up to 149 people in Mexico and which threatens to become a pandemic.

Honda forecasts small annual profit as costs cut

Honda Motor Co (7267.T) forecast a small profit for this year as it cuts costs to counter plunging car sales and a strong yen, and said its leading position in motorcyles is helping it cope with the severe global slowdown.

Japan, China eye cooperation on mobile services

Japan and China are looking at cooperating on next-generation cellphone services, which would help China develop its wireless technology and Japanese makers expand in China, a Japanese government official said.

Flu kills 149 in Mexico

Mexico said a new flu virus has killed up to 149 people and it ordered all schools to close across the country on Monday as the disease spread in the United States, Canada and Europe, raising fears of a pandemic.

Cost cuts help Whirlpool post surprise profit

Whirlpool Corp reported a surprise quarterly profit on Monday as cost-cutting efforts helped the world's biggest appliance maker weather a slump in global sales, and it backed its 2009 profit forecast.

Qualcomm lifts outlook, but posts loss on settlement

Cell phone chip supplier Qualcomm Inc raised its full-year revenue target after quarterly revenue beat expectations, saying global demand for advanced phones was strong, especially in Europe and China.

FACTBOX: Asia moves to ward off new virus

A continent that has battled deadly viruses such as the H5N1 bird flu and SARS in recent years, has been taking steps to ward off the new swine flu virus.

U.S. businesses fret China, U.S. protectionism may rise

A U.S. business group said on Monday it was worried that protectionist sentiment could rise in both China and the United States as the global economy shrinks.

Flu outbreak to loom over U.S.-Mexico truck dispute

The prompt resolution of a 15-year old dispute over access to U.S. roads by Mexican trucks could be another casualty of the deadly swine flu outbreak, international trade experts said on Monday.

U.S. gets leeway on U.N. climate deadline

Countries such as the United States can come up with ideas for a U.N. climate pact beyond an April 24 deadline, the U.N. Climate Change Secretariat said on Friday.

Qualcomm posts loss on settlement but raises targets

Cell phone chip supplier Qualcomm Inc flipped to a loss for its fiscal second quarter, hurt by investment losses and hefty costs related to its legal settlement with archrival Broadcom Corp .

Italy's Mafia thrives while world economy meltdown

Italy’s one of the most notorious organized crime syndicates knows as Mafia Inc. are thriving during the world economy crisis, investigators say.

G7 signals worst of world recession may be over

Finance chiefs from the G7 powers said on Friday the global economy may be past the worst phase of a recession although recovery was not yet assured, and they pledged to make sure that big financial firms are sound.

North Korea to boycott nuclear talks

North Korea will stay away from international nuclear disarmament talks, Russia's foreign minister said on Friday after visiting the secretive state and pressing Pyongyang to return to the sputtering discussions.

Walled Cities Around the World

While today's modern cities certainly are graced by large fortifications, since the first days of civilization walls have been built around cities to protect citizens from outside invaders and attacks.

China confirms Japan's PM visit to China next week

China has confirmed that Japan's Prime Minister Taro Aso will make a trip to Beijing next week. It is his first official visit to China since taking office in September.

G7 sees bank clean-up as critical for recovery

Global finance chiefs pointed to glimmers of hope that a deep recession might be easing but warned ahead of Friday meetings that they must clean up bank balance sheets to pave the way for recovery.

North Korea to boycott nuclear talks: Russia

U.S. journalists face criminal trial in North Korea

North Korea will put two U.S. journalists arrested last month on its border with China on trial to face criminal charges, its media said on Friday, ratcheting up tensions already raised by a defiant rocket launch.

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